Poland Prices Its Biggest Samurai Bond in Multi-Tranche Offering

Poland returned to the Samurai market after stable conditions in Japanese government bond yields let it tap investors looking for bigger returns than they can get from domestic issuers.

The Polish government priced a four-tranche Samurai bond deal totaling ¥211.6 billion ($1.4 billion) on Friday, comprising three-, five-, ten- and twenty-year notes, according to people familiar with the matter.